Quick Advice Needed!!
Thread Starter
Instructor
Joined: Jan 2005
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From: Pompano Beach Florida
Quick Advice Needed!!
I am going to look at a 2001 Millenium Yellow Coupe today. It is FULLY loaded with 34k miles and it is a 6 speed. Only has the painted top, but supposedly is in top notch shape. It was listed for 31kobo. What do you think is a fair price to pay for this car? I don't want to insult the owner, but I don't want to overpay either.
Thanks for your help!
Ron
Thanks for your help!
Ron
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Check with either Edmunds.com or kbb.com to see what they say about the asking price. I would think that it is just a bit high, but in your area it may be about right.
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Seems to be a bit overpriced for an '01. You could probably do as well at a dealer's lot. Check the Kelly blue book for private party sales. The wholesale price will give you a good starting point to bargain with.
Don't be in a hurry...there are lots of good used C5's out there.
Don't be in a hurry...there are lots of good used C5's out there.
Thread Starter
Instructor
Joined: Jan 2005
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From: Pompano Beach Florida
I was going to offer 27k because that is what I can get 10 other ones for. I just like this particular one because it is yellow. Would be even better if it was a convertible!
Racer
Joined: Nov 2004
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Originally Posted by Red_Racer
Seems to be a bit overpriced for an '01. You could probably do as well at a dealer's lot. Check the Kelly blue book for private party sales. The wholesale price will give you a good starting point to bargain with.
Don't be in a hurry...there are lots of good used C5's out there.
Don't be in a hurry...there are lots of good used C5's out there.
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Well just to confuse the issue a bit the Kelley Blue Book value for that car in my zip code when buying from a Private Party is $32,575 I rated the condition as Excellent (as I would suspect most Corvette's are but YMMV.) Pricing varies widely by geographic location. I consistently see pricing higher here in the northeast than elsewhere in the country. So, I don't think the asking price of $31k obo is all that unreasonable. Start at $28k after a thorough walk around and see where it leads. Just my .02
Paul
Paul
Last edited by talon90; Jan 20, 2005 at 03:39 PM.
Melting Slicks
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Seems to be on the high end for me. I paid 27K for my 01 Coupe in 2003 with 17k on the odometer 1SB and performance axle. Felt like I got a good price. I know there are deals out there. Don't be afraid to lowball. I have always hated it when someone takes my first offer as I walk away wondering what he really would have taken for it. For a Vette don't be afraid to shop around all over.
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From: Zephyrhills, Florida
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has the owner done any mods. wheels, air induction, cosmetics, etc. 29 sounds decent. again check edmunds for your geographic area. where are you at geographically?